BBA and FOA joint response to FSA proposed guidance on transaction reporting strategy trades

As FSA knows, our members recognise the importance of an effective reporting regime which supports the FSA in meeting its statutory objectives, in particular the prevention / detection of financial crime. We are keen to continue to work closely with FSA in the pursuance of this objective, and both the BBA and FOA therefore welcome the opportunity to respond to the FSA’s guidance consultation on transaction reporting strategy trades.